How do retail investors in the crypto market lose money? Basically, it's this process:
At first, they buy a small amount of a coin and casually check their phones to monitor the market; they feel happy when the price goes up.
After a few days, they regret buying too little, and while hesitating, the coin price keeps rising, making them feel worse, and they want to add more but don't dare.
Finally, they wait for the coin price to pull back at a high point, rush to buy in all at once, thinking this coin will make them rich, but after adding more, the price drops, leading them to scramble for more funds to average down, and ultimately, it falls below their cost price, leaving them unwilling to sell.
They hold on until they can't take it anymore and have to cut their losses, which is painful.
What's frustrating is that within a couple of days after cutting losses, the coin price rebounds, leaving them feeling both financially hurt and extremely unlucky! #BTC